Kinder Morgan Sees Strong Q3 Momentum, RBC Says

MT Newswires Live09-22 23:24

Kinder Morgan (KMI) enters Q3 with strong momentum driven by commodity price tailwinds and operational execution, RBC Capital Markets said in an earnings preview Tuesday.

The company is expected to report Q3 results on Oct. 21.

RBC said that in addition to the Western Gateway joint venture, Kinder Morgan could add an incremental $400 million of projects to its backlog in the near term.

The investment firm said that based on the change in WTI crude prices and its 2026 WTI price forecast of around $85 per barrel, it increased the company's carbon dioxide segment earnings before depreciation, depletion, and amortization forecasts by $27 million for Q3 and $104 million in 2026.

RBC maintained its sector perform rating on the stock and raised its price target to $36 per share from $35.

Price: 31.70, Change: -0.02, Percent Change: -0.08

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2669231391?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-22 23:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2669231391","market":"nz","top_or_hot":-1,"title":"Kinder Morgan Sees Strong Q3 Momentum, RBC Says","media":"MT Newswires Live","content":"<html><body><p> Kinder Morgan (KMI) enters Q3 with strong momentum driven by commodity price tailwinds and operational execution, RBC Capital Markets said in an earnings preview Tuesday.</p><p>The company is expected to report Q3 results on Oct. 21.</p><p>RBC said that in addition to the Western Gateway joint venture, Kinder Morgan could add an incremental $400 million of projects to its backlog in the near term.</p><p>The investment firm said that based on the change in WTI crude prices and its 2026 WTI price forecast of around $85 per barrel, it increased the company's carbon dioxide segment earnings before depreciation, depletion, and amortization forecasts by $27 million for Q3 and $104 million in 2026.</p><p>RBC maintained its sector perform rating on the stock and raised its price target to $36 per share from $35.</p><p>Price: 31.70, Change: -0.02, Percent Change: -0.08</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kinder Morgan Sees Strong Q3 Momentum, RBC Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKinder Morgan Sees Strong Q3 Momentum, RBC Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-09-22 23:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Kinder Morgan (KMI) enters Q3 with strong momentum driven by commodity price tailwinds and operational execution, RBC Capital Markets said in an earnings preview Tuesday.</p><p>The company is expected to report Q3 results on Oct. 21.</p><p>RBC said that in addition to the Western Gateway joint venture, Kinder Morgan could add an incremental $400 million of projects to its backlog in the near term.</p><p>The investment firm said that based on the change in WTI crude prices and its 2026 WTI price forecast of around $85 per barrel, it increased the company's carbon dioxide segment earnings before depreciation, depletion, and amortization forecasts by $27 million for Q3 and $104 million in 2026.</p><p>RBC maintained its sector perform rating on the stock and raised its price target to $36 per share from $35.</p><p>Price: 31.70, Change: -0.02, Percent Change: -0.08</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BKVL7J92.USD","symbol_name":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2669231391","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2669231391","pubTimestamp":1790090691,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Kinder Morgan  enters Q3 with strong momentum driven by commodity price tailwinds and operational execution, RBC Capital Markets said in an earnings preview Tuesday.The company is expected to report Q3 results on Oct. 21.RBC said that in addition to the Western Gateway joint venture, Kinder Morgan could add an incremental $400 million of projects to its backlog in the near term.The investment firm said that based on the change in WTI crude prices and its 2026 WTI price forecast of around $85 per barrel, it increased the company's carbon dioxide segment earnings before depreciation, depletion, and amortization forecasts by $27 million for Q3 and $104 million in 2026.RBC maintained its sector perform rating on the stock and raised its price target to $36 per share from $35.Price: 31.70, Change: -0.02, Percent Change: -0.08","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","EINC":"VanEck Energy Income ETF","LU1732800096.USD":"摩根大通环球收益基金A (irc)","ENFR":"Alerian Energy Infrastructure ET","LU0795875169.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD-H","EMLP":"第一信托北美能源基础设施基金","EIPI":"FT Energy Income Partners Enhanced Income Etf","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","KBWB":"银行ETF-PowerShares","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IAI":"iShares Dow Jones U.S. Broker De","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","BK4585":"ETF&股票定投概念","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","KMI":"金德尔摩根","LU0106831901.USD":"贝莱德世界金融基金A2","LU1548497426.USD":"安联环球人工智能AT Acc","LU0912757837.SGD":"JPMorgan Investment Funds - Global Income A (mth) SGD-H","MDST":"Westwood Salient Enhanced Midstream Income ETF","LU0971096721.USD":"富达环球金融服务 A","USNG":"Amplify Samsung U.S. Natural Gas Infrastructure ETF","TPYP":"Tortoise North American Pipeline Fund ETF","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU0882574139.USD":"富达环球消费行业基金A ACC","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","LU2347655156.SGD":"JPMorgan Investment Funds - Global Income A (icdiv) SGD-H","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","BK4516":"特朗普概念","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","MLPX":"Global X MLP & Energy Infras","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","BK4504":"桥水持仓","IE00B2Q91V27.USD":"GUINNESS GLOBAL ENERGY \"C\" (USD) ACC","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","GASZ":"Corgi Natural Gas Power & Turbines ETF","MLPI":"NEOS MLP & Energy Infrastructure High Income ETF","IE00BGHQF524.EUR":"GUINNESS GLOBAL ENERGY \"C\" (EUR) ACC","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC"},"translate_title":"加拿大皇家银行表示，金德摩根预计第三季度势头强劲","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IAI":0.6,"MLPX":0.6,"EMLP":0.6,"KMI":1.5,"GASZ":0.6,"MLPI":0.6,"ENFR":0.6,"EIPI":0.6,"USNG":0.6,"MDST":0.6,"EINC":0.6,"TPYP":0.6,"KBWB":0.6},"content_text":"Kinder Morgan (KMI) enters Q3 with strong momentum driven by commodity price tailwinds and operational execution, RBC Capital Markets said in an earnings preview Tuesday.The company is expected to report Q3 results on Oct. 21.RBC said that in addition to the Western Gateway joint venture, Kinder Morgan could add an incremental $400 million of projects to its backlog in the near term.The investment firm said that based on the change in WTI crude prices and its 2026 WTI price forecast of around $85 per barrel, it increased the company's carbon dioxide segment earnings before depreciation, depletion, and amortization forecasts by $27 million for Q3 and $104 million in 2026.RBC maintained its sector perform rating on the stock and raised its price target to $36 per share from $35.Price: 31.70, Change: -0.02, Percent Change: -0.08","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2669231391","isCrawlerRequest":true}